Food giant agrees to USD 450m settlement with AP7-led plaintiffs
Kraft Heinz has agreed to settle a lawsuit by a group of investors led by the Swedish pension fund. The plaintiffs accused the company of making misleading statements in connection with a merger.
by KIM WIESENER
A case concerning possibly “misleading statements” by US food and beverage group Kraft Heinz has concluded with a settlement in which the defendant will pay USD 450m to a number of plaintiffs, including Swedish pension fund AP7.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
